N
Seller's Agent in 2025
Noam Srolovitz
Kape Property Management, Inc.
(908) 227-5950
6 in this area
29 Total Sales
2758 Orange Ave Torrance, CA 90501
East Torrance Neighborhood
7
Beds
7
Baths
16,464
Sq Ft
0.5
Acres
Highlights
- 0.5 Acre Lot
- Balcony
- Park
- J. H. Hull Middle School Rated A-
- Cooling System Mounted To A Wall/Window
- Laundry Room
About This Home
As of March 2025We are pleased to present a 15 unit apartment community located at 2758 Orange Avenue in Torrance CA. Situated in Old Town, the subject property is proximate to many dining and entertainment options, and located on a quiet residential street. Current ownership has held this property for over 20 years and has maintained it particularly well including window roof and electric upgrades. Every subpanel has been upgraded in the units. 2758 Orange Avenue is an all electric building that benefits from a rare unit mix of mostly townhome style, two-story, condo quality floorplans. Amenities include oven range, large windows, vinyl plank flooring, and modern paint. The property also has ample parking, on-site laundry, private patios, and controlled gated access. Additionally a buyer has the opportunity to add up to 5 ADUs onsite. Priced attractively at over a 5.8% cap rate, and 11.43 GRM, the strong current cash flow with significant upside in NOI provides a rare value-add opportunity in a highly sought after submarket of the South Bay.
Last Agent to Sell the Property
Younglewin Advisors, Inc. Brokerage Phone: 562-556-1118 License #01963090 Listed on: 07/01/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.5 Acre Lot
- Two or More Common Walls
- Front Yard
- Value in Land
Parking
- 15 Car Garage
- Carport
- Parking Available
- Driveway
- Controlled Entrance
Home Design
- Apartment
- Partial Copper Plumbing
Interior Spaces
- 16,464 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Laundry Room
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 7 / 300
- Tax Tract Number 1952
- Assessor Parcel Number 7359013019
Community Details
Recreation
- Park
Building Details
- Rent Control
- 16 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $6,500
- Professional Management Expense $22,842
- Trash Expense $4,534
- Water Sewer Expense $6,500
- New Taxes Expense $64,345
- Operating Expense $148,854
- Gross Income $476,838
- Net Operating Income $316,743
Additional Features
- 15 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Sold | $6,300,000 | -3.1% | $383 / Sq Ft |
| 02/14/2025 02/14/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $6,500,000 | +22.4% | $395 / Sq Ft |
| 11/07/2024 11/07/24 | Sold | $5,310,000 | -2.6% | $323 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 07/01/2024 07/01/24 | For Sale | $5,450,000 | -- | $331 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Noam Srolovitz
-
Benjamin Lester
B
Seller Co-Listing Agent in 2025
Benjamin Lester
Kape Property Management, Inc.
(310) 482-2500
4 in this area
15 Total Sales
-
K
Buyer's Agent in 2025
Keiko Shibanai
EXP REALTY OF CALIFORNIA INC
-
Shane Young
Seller's Agent in 2024
Shane Young
Younglewin Advisors, Inc.
(562) 556-1118
1 in this area
30 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24103226
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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